28 Relowe CrescentBalwyn VIC 3103
Property Details for 28 Relowe Cres, Balwyn
Last Listing description (October 2025)
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The big picture.
In a beautifully tree-lined crescent only a few easy steps from bustling Balwyn East Village restaurants, supermarket and fresh food providores, this 1308 sq m approx. block is ready for its next lucrative chapter. In a neighbourhood renowned for its exceptional lifestyle conveniences, lovely parkland and huge selection of schools, developers, investors and families will be excited by the rich potential.
The finer details.
With townhouse developments on both sides, this cleared land is destined to be the site for a highly profitable redevelopment (STCA). Alternatively, a discerning family could build an magnificent luxury residence with plenty of space for a swimming pool (STCA).
The extras.
Walking distance to locally zoned Koonung Secondary College and Greythorn Primary School, live metres from buses bound for Kew's private schools, the CBD, Westfield Doncaster, Box Hill Central and the 109 tram to Balwyn Village. Ideally close to the world-class hospital precinct, TAFE and Eastern Freeway.
Vacant block of 1308 sq m approx.
Just around the corner from Balwyn East Village
Zoned for Koonung Secondary College and Greythorn Primary
The perfect site for a townhouse redevelopment (STCA)
Property History for 28 Relowe Cres, Balwyn, VIC 3103
- 01 Mar 2025Sold for $1,960,000
- 24 Jan 2025Listed for Sale Contact Agent
- 28 Jul 2001Sold for $350,000
Recent sales nearby
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About Balwyn 3103
The size of Balwyn is approximately 4.4 square kilometres. It has 19 parks covering nearly 5.0% of total area. The population of Balwyn in 2016 was 13312 people. By 2021 the population was 13495 showing a population growth of 1.4% in the area during that time. The predominant age group in Balwyn is 10-19 years. Households in Balwyn are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balwyn work in a professional occupation.In 2021, 69.30% of the homes in Balwyn were owner-occupied compared with 71.20% in 2016.
Balwyn has 7,492 properties. Over the last 5 years, Houses in Balwyn have seen a 14.79% increase in median value, while Units have seen a 9.52% increase. As at 28 February 2026:
- The median value for Houses in Balwyn is $2,796,100 while the median value for Units is $901,568.
- Houses have a median rent of $950 while Units have a median rent of $600.
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